The funding round was led by Highland Europe with participation from multiple existing investors.
"From the moment we started building at our kitchen table, 9fin has pioneered the use of AI in debt capital markets, setting a new industry standard. By investing in the best product and engineering talent, we’ve dramatically increased product velocity, delivering capabilities to give our customers the best workflows, tools and insights, and helping them navigate easily through complex financial markets."
Spark Capital led the Series A round, which will fund US expansion and team growth.
"Steven, Hussam and the 9fin team are updating an industry that desperately needs it. They’ve made so much progress out of their London office, we’re excited to see them take on the US and continue growing with new customers."
The financing round was led by dmg ventures and Ventura Capital to support international growth and asset expansion.
"Wealth for all is our mission and we’ve made some great strides towards making that reality this year, expanding our user base massively and delivering a product that looks more-and-more like a financial super app. But there’s a lot more work to be done. The appetite for smart and intuitive investment products is enormous, particularly in other parts of Europe where often old-fashioned banks are the only option for growing your money. With the help of this new investment and our upcoming crowdfund, our app will become the natural choice for anyone in Europe looking to improve their finances for the long-term."
The investment round was co-led by Nyca Partners and QED Investors to support international expansion and product development.
"Though the card networks have built extremely robust infrastructure, alternative payment methods are evolving and consumer choice will be driven by value. Our goal at Fidel is to supercharge innovation by empowering everyone in the ecosystem. By making it easy for developers to build on top of the infrastructure, the card networks stay relevant. By removing the barriers to entry for developers, applications can be brought to market more quickly. That drives value back to consumers, who get the same benefits and user experience they are used to receiving with other online services."
The seed round was backed by Techstars, 500 Startups, and multiple UAE-based investors to fund product development and international expansion.
"The challenges associated with startup law globally require a unique blend of legal and technological expertise. Our world-class team of lawyers and technologists will create a new customer experience for startup law, which will empower founders, de-risk investors and provide massive savings on legal fees."
